Maharashtra leads the list with 48,047 projects, accounting for 40 per cent of total registrations among the top 10 states. Tamil Nadu follows with 19,987 projects (17 per cent share), while Gujarat holds a 14 per cent share with 16,265 projects. Other states in the top 10 include Telangana, Madhya Pradesh, Andhra Pradesh, Karnataka, Uttar Pradesh, West Bengal, and Rajasthan.

Speaking on the impact of RERA, PropEquity Founder and CEO Samir Jasuja stated, “The implementation of RERA has significantly improved compliance among developers, bringing transparency to the sector. This has encouraged increased investment from both domestic and foreign institutional investors, strengthening India's real estate growth story.”

Jasuja highlighted that the real estate market across nine top Tier-1 cities is now valued at over Rs 5.5 lakh crore. “Unlike the pre-RERA era, absorption has consistently outpaced new launches post-RERA implementation, except for the COVID-affected year 2020. This shift reflects the maturity the regulation has instilled in developers, laying the foundation for a $1 trillion real estate economy,” he added. Read more